The prices in real estate in Coachella, in the California region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Coachella has remained the same in the last 6 months. In July, the average price per sq.feet was $187. In the following month the price per sq.feet increased considerably to $259. The price for the following two months in (September, October) had a considerable decrease of 70 with regard to the prior two months. The price per sq.feet has decreased 94 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $189.5 to $177.5 during November, and December.
Based upon to the price in Coachella (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is $225,154. During August the price went through a considerable rise reaching $400,928. During the following two months (September, October) the average price had a considerable reduction of 80 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $282,067.5 and $291,910.5 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $287,426 they are 38 % more affordable than the average price for Coachella. The properties with the lowest average price have 4 bedrooms, Their price is 6 % cheaper than the average. After that we have properties with 1 bedroom priced at $257,589.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $139 / sq.feet, with an average $180 / sq.feet price in Coachella. The properties with the highest average prices have 1 bedroom. They are 433 % more expensive than the average followed by properties with 2 bedrooms with a price at $171 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $287,426 it is 14 % cheaper than the average price in Coachella. "Farm" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $254,953 it is 10 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $121 / sq.feet followed by "Apartment" priced at $123 / sq.feet. "House" is the cheapest type of property with a $154 / sq.feet value followed by "Apartment" with an average price of $123 / sq.feet.